The TV networks in the late 1940s, Microsoft in the 1990s, and Apple, most recently, have all

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The TV networks in the late 1940s, Microsoft in the 1990s, and Apple, most recently, have all created ecosystems of thousands of dependent fi rms, while raising a strong barrier to competition, which would best be termed

a) economies of scale.

b) economies of platform.

c) legal barriers.

d) control over essential resources.

e) required scale for innovation.

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Related Book For  answer-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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